By Cecilia Chow | November 29, 2020
SINGAPORE (EDGEPROP) - Black Friday discounts did not distract a group
of shoppers looking at bigger deals: homebuyers. At The Landmark, a 396-unit,
99-year leasehold condo on Chin Swee Road, virtual balloting started at
10am on Nov 28. It was done via Zoom across five different locations: The
Landmark sales gallery as well as the respective offices of the appointed
marketing agencies, ERA, Huttons, PropNex and SLP International.
By 7pm that evening, buyers had snapped up 110 of the 120 units released.
This translates to 92% of units released, or about 28% of the total units
in the development.
The average price of units sold was $2,250 psf as most of them were on
the lower floors. About 50% of the units sold were said to be one-bedroom
apartments, where sizes start from 495 sq ft, and were priced from $965,250
or $1,950 psf. Most of the buyers were said to be Singapore citizens.
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